South Dakota Mortage Rates

South Dakota Mortage Rates
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South Dakota Mortage Rates

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South Dakota Mortage Rates as of 08/27/08

PRODUCTRATE CHANGE
30 Year Fixed5.96%0.00%
15 Year Fixed5.59%0.00%
30 Year Fixed Jumbo6.61%0.00%
15 Year Fixed Jumbo6.32%-0.01%
5 Year Balloon6.50%0.00%
7 Year Balloon6.60%0.00%
1/1 ARM5.57%0.00%
3/1 ARM5.54%-0.04%
5/1 ARM5.67%-0.06%
1/1 Jumbo ARM6.17%0.00%
3/1 Jumbo ARM6.15%-0.02%
5/1 Jumbo ARM6.20%0.01%
FHA 30 Year Fixed5.87%-0.09%
FHA 1 Yr ARM5.58%-0.01%
VA 30 Year Fixed5.82%0.04%

Before applying for mortage loans or mortage refinance, you should always remember that South Dakota state mortage rates fluctuate on a daily basis. Therefore it is important to revisit this site often to obtain the latest mortage rates for South Dakota state before applying for a new mortgage or refinancing your current mortage. Above you will find today's mortage rates for the most popular mortage products available in South Dakota state. These rates are based on more than 200 South Dakota state mortage companies poll for their mortage products and offers and are updated daily. These mortage rates, as well as the list of South Dakota mortage companies with their current mortage offerings, should give you a good starting point for your mortage related search.



Mortage industry news

Sales of New Homes Jump Unexpectedly
WISH-TV - Sales of new homes rose unexpectedly in April to the fastest pace this year as the housing sector showed resilience in the face of rising mortgage rates. But the price of homes sold last mon (full story)
STARWATCH CONSUMER: Some minority homebuyers more likely to pay high mortgage rates
Black and Hispanic homebuyers are more likely to pay high mortgage rates than white borrowers with similar credit ratings and income levels, an advocacy group found. (full story)
The Contrarian View, Why the Fed might hike Interest rates in June
Safe Haven - Twenty four months ago, the Federal Reserve embarked on a long, but predictable road of lifting the federal funds rate, aiming to reach an unknown "neutral rate" a sweet spot that would p (full story)
Ultra-Long Mortgages Seeking A Foothold
Fort Lauderdale Sun-Sentinel - NEW YORK -- When it comes to home mortgages, some people are thinking really long-term by taking 40-year or 45-year - or even 50-year - loans. The attraction is lower mo (full story)
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